Refer to the information provided in Table 22.4 below to answer the question(s) that follow.Table 22.4Aggregate Income (Y)Aggregate Consumption (C) 8 10 12 13 20 20 32 31Refer to Table 22.4. Which of the following consumption functions best fits the values in the table?
A. C = 5 + 0.8Y
B. C = 4 + 0.9Y
C. C = 8 + 0.5Y
D. C = 3 + 0.75Y
Answer: D
Economics
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